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The Capital City Airport is located one mile southwest of Frankfort, in Franklin County, Kentucky. Frankfort is the State capital as well as a principal trading center in the north—central region of Kentucky, making transportation vital to its economy. It is served by Interstate 64 and US Highway 127. Frankfort, the county seat, is the largest city with a population of 27,741 in 2000.

The Capital City Airport is a public use airport that is owned and operated by the Commonwealth of Kentucky.   

Along with a 5,900-foot single runway, the Capital City Airport has one full-service fixed-based operator (FBO) and an aircraft maintenance shop. The Airport covers 355 acres and adjoins the Boone National Guard Center.

Home to 81 aircraft, including single and multi engine airplanes and rotorcraft, the Capital City Airport sees an estimated 34,200 aircraft operations per year. This includes state government and Army National Guard operations, corporate activity and pleasure flying. Currently the Airport has 41 existing aircraft T-hangars and approximately 17 tie-down spots. Several restaurants and lodging are available in Frankfort.

The Capital City Airport currently has a GPS (Global Positioning System) approach on both ends of the runway as well as Localizer/Distance Measuring Equipment (LOC/DME) and Very High Frequency Omni-directional Range Station (VOR) approaches on Runway 24.